Lane Keep Assist System and Adaptive Cruise Control Market: Volume Analysis, Segments, Value Share And Key Trends 2017 - 2025
Transparency Market Research has released a new market report titled “ Automotive Lane Keep Assist System: (By Component: Electronic Control Unit (ECU) and Others ; By Sales Channel: Aftermarket and Others; By Vehicle Type: Passenger Vehicle and Commercial Vehicle; By Region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025. ” According to the report, the global automotive lane keep assist market is expected to expand at a CAGR of 13.76% during the forecast period. Rise in demand for vehicle-based intelligent safety systems among vehicle users is projected to boost the lane keep assist system and adaptive cruise control market for automotive during the forecast period. Increased rate of accidents caused due to distraction of the driver causes damage to both, the vehicle user and vehicle. Lane keep assist system and adaptive cr...